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埃克西尔能源（NINE）与REPLIGEN CORP（RGEN）财务数据对比。点击上方公司名可切换其他公司
REPLIGEN CORP的季度营收约是埃克西尔能源的1.5倍（$197.9M vs $132.2M），REPLIGEN CORP净利率更高（6.7% vs -14.5%，领先21.3%），REPLIGEN CORP同比增速更快（13.6% vs -6.5%），REPLIGEN CORP自由现金流更多（$17.6M vs $-4.8M），过去两年REPLIGEN CORP的营收复合增速更高（14.4% vs -3.6%）
埃克西尔能源是一家受美国监管的电力与天然气配送企业，总部位于明尼苏达州明尼阿波利斯。截至2025年年中，公司业务覆盖八个州的部分区域，服务约390万电力客户与220万天然气客户，下设四家运营子公司，分别为明尼苏达北州电力、威斯康星北州电力、科罗拉多公共服务公司以及西南公共服务公司。
Repligen是一家全球生命科学企业，专注于创新生物工艺技术与系统的研发及商业化，助力提升生物药生产效率。公司1981年成立，总部位于美国马萨诸塞州沃尔瑟姆，于纳斯达克挂牌上市，股票代码RGEN，截至2025年全球员工超1900人，主要服务生物制药领域客户。
NINE vs RGEN — 直观对比
营收规模更大
RGEN
是对方的1.5倍
$132.2M
营收增速更快
RGEN
高出20.2%
-6.5%
净利率更高
RGEN
高出21.3%
-14.5%
自由现金流更多
RGEN
多$22.3M
$-4.8M
两年增速更快
RGEN
近两年复合增速
-3.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $132.2M | $197.9M |
| 净利润 | $-19.2M | $13.3M |
| 毛利率 | — | 52.5% |
| 营业利润率 | -4.2% | 9.0% |
| 净利率 | -14.5% | 6.7% |
| 营收同比 | -6.5% | 13.6% |
| 净利润同比 | -117.4% | 143.9% |
| 每股收益（稀释后） | $-0.47 | $0.24 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收NINERGEN
| Q4 25 | $132.2M | $197.9M | ||
| Q3 25 | $132.0M | $188.8M | ||
| Q2 25 | $147.3M | $182.4M | ||
| Q1 25 | $150.5M | $169.2M | ||
| Q4 24 | $141.4M | $174.1M | ||
| Q3 24 | $138.2M | $154.9M | ||
| Q2 24 | $132.4M | $154.1M | ||
| Q1 24 | $142.1M | $151.3M |
净利润NINERGEN
| Q4 25 | $-19.2M | $13.3M | ||
| Q3 25 | $-14.6M | $14.9M | ||
| Q2 25 | $-10.4M | $14.9M | ||
| Q1 25 | $-7.1M | $5.8M | ||
| Q4 24 | $-8.8M | $-30.3M | ||
| Q3 24 | $-10.1M | $-654.0K | ||
| Q2 24 | $-14.0M | $3.3M | ||
| Q1 24 | $-8.1M | $2.1M |
毛利率NINERGEN
| Q4 25 | — | 52.5% | ||
| Q3 25 | — | 53.2% | ||
| Q2 25 | — | 50.0% | ||
| Q1 25 | — | 53.6% | ||
| Q4 24 | — | 26.1% | ||
| Q3 24 | — | 50.0% | ||
| Q2 24 | — | 49.8% | ||
| Q1 24 | — | 49.5% |
营业利润率NINERGEN
| Q4 25 | -4.2% | 9.0% | ||
| Q3 25 | -0.9% | 8.9% | ||
| Q2 25 | 2.3% | 7.6% | ||
| Q1 25 | 3.7% | 3.9% | ||
| Q4 24 | 2.5% | -17.7% | ||
| Q3 24 | 1.8% | -5.1% | ||
| Q2 24 | -1.1% | 1.0% | ||
| Q1 24 | 3.1% | 1.3% |
净利率NINERGEN
| Q4 25 | -14.5% | 6.7% | ||
| Q3 25 | -11.1% | 7.9% | ||
| Q2 25 | -7.1% | 8.2% | ||
| Q1 25 | -4.7% | 3.4% | ||
| Q4 24 | -6.3% | -17.4% | ||
| Q3 24 | -7.3% | -0.4% | ||
| Q2 24 | -10.6% | 2.2% | ||
| Q1 24 | -5.7% | 1.4% |
每股收益（稀释后）NINERGEN
| Q4 25 | $-0.47 | $0.24 | ||
| Q3 25 | $-0.35 | $0.26 | ||
| Q2 25 | $-0.25 | $0.26 | ||
| Q1 25 | $-0.18 | $0.10 | ||
| Q4 24 | $-0.21 | $-0.55 | ||
| Q3 24 | $-0.26 | $-0.01 | ||
| Q2 24 | $-0.40 | $0.06 | ||
| Q1 24 | $-0.24 | $0.04 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $18.4M | $767.6M |
| 总债务越低越好 | — | $542.2M |
| 股东权益账面价值 | $-115.0M | $2.1B |
| 总资产 | $339.5M | $2.9B |
| 负债/权益比越低杠杆越低 | — | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资NINERGEN
| Q4 25 | $18.4M | $767.6M | ||
| Q3 25 | $14.4M | $748.7M | ||
| Q2 25 | $14.2M | $708.9M | ||
| Q1 25 | $17.3M | $697.2M | ||
| Q4 24 | $27.9M | $757.4M | ||
| Q3 24 | $15.7M | $784.0M | ||
| Q2 24 | $26.0M | $809.1M | ||
| Q1 24 | $10.2M | $780.6M |
总债务NINERGEN
| Q4 25 | — | $542.2M | ||
| Q3 25 | — | $537.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $525.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益NINERGEN
| Q4 25 | $-115.0M | $2.1B | ||
| Q3 25 | $-95.9M | $2.1B | ||
| Q2 25 | $-81.7M | $2.1B | ||
| Q1 25 | $-72.1M | $2.0B | ||
| Q4 24 | $-66.1M | $2.0B | ||
| Q3 24 | $-57.6M | $2.0B | ||
| Q2 24 | $-49.7M | $2.0B | ||
| Q1 24 | $-43.3M | $2.0B |
总资产NINERGEN
| Q4 25 | $339.5M | $2.9B | ||
| Q3 25 | $340.7M | $2.9B | ||
| Q2 25 | $361.2M | $2.9B | ||
| Q1 25 | $359.2M | $2.9B | ||
| Q4 24 | $360.1M | $2.8B | ||
| Q3 24 | $353.2M | $2.8B | ||
| Q2 24 | $381.7M | $2.9B | ||
| Q1 24 | $380.4M | $2.8B |
负债/权益比NINERGEN
| Q4 25 | — | 0.26× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-2.2M | $25.7M |
| 自由现金流经营现金流 - 资本支出 | $-4.8M | $17.6M |
| 自由现金流率自由现金流/营收 | -3.6% | 8.9% |
| 资本支出强度资本支出/营收 | 2.0% | 4.1% |
| 现金转化率经营现金流/净利润 | — | 1.93× |
| 过去12个月自由现金流最近4个季度 | $-23.3M | $93.9M |
8季度趋势，按日历期对齐
经营现金流NINERGEN
| Q4 25 | $-2.2M | $25.7M | ||
| Q3 25 | $-9.9M | $48.1M | ||
| Q2 25 | $10.1M | $28.6M | ||
| Q1 25 | $-5.3M | $15.0M | ||
| Q4 24 | $15.0M | $39.2M | ||
| Q3 24 | $-5.8M | $49.3M | ||
| Q2 24 | $12.9M | $42.2M | ||
| Q1 24 | $-8.8M | $44.7M |
自由现金流NINERGEN
| Q4 25 | $-4.8M | $17.6M | ||
| Q3 25 | $-13.4M | $43.4M | ||
| Q2 25 | $4.2M | $21.5M | ||
| Q1 25 | $-9.3M | $11.4M | ||
| Q4 24 | $11.8M | $33.6M | ||
| Q3 24 | $-9.3M | $42.3M | ||
| Q2 24 | $10.3M | $37.4M | ||
| Q1 24 | $-14.3M | $36.4M |
自由现金流率NINERGEN
| Q4 25 | -3.6% | 8.9% | ||
| Q3 25 | -10.2% | 23.0% | ||
| Q2 25 | 2.9% | 11.8% | ||
| Q1 25 | -6.2% | 6.8% | ||
| Q4 24 | 8.3% | 19.3% | ||
| Q3 24 | -6.7% | 27.3% | ||
| Q2 24 | 7.7% | 24.3% | ||
| Q1 24 | -10.1% | 24.0% |
资本支出强度NINERGEN
| Q4 25 | 2.0% | 4.1% | ||
| Q3 25 | 2.6% | 2.5% | ||
| Q2 25 | 4.0% | 3.9% | ||
| Q1 25 | 2.6% | 2.1% | ||
| Q4 24 | 2.3% | 3.2% | ||
| Q3 24 | 2.5% | 4.5% | ||
| Q2 24 | 2.0% | 3.1% | ||
| Q1 24 | 3.9% | 5.5% |
现金转化率NINERGEN
| Q4 25 | — | 1.93× | ||
| Q3 25 | — | 3.23× | ||
| Q2 25 | — | 1.92× | ||
| Q1 25 | — | 2.57× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 12.70× | ||
| Q1 24 | — | 21.35× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
NINE
| Cement | $52.6M | 40% |
| Tool Revenue | $28.6M | 22% |
| Coiled Tubing | $25.8M | 20% |
| Wireline | $25.1M | 19% |
RGEN
暂无分部数据
